When trading a car, the “Vehicle Identification Number (VIN)” is a unique code that consists of a combination of numbers and letters, which is essential to include on the form.Īll of these aforementioned terms will be included in the printable bill of sale, and it is important to familiarize yourself with them if you are involved in a purchase or sale. The “Payment” refers to the amount that will be exchanged between the buyer and the seller as part of the transaction. The heading “Buyer” is where the name of the purchaser is written, while the seller’s name is recorded under the heading “Seller.” A “Notary Public” refers to a neutral third-party public officer who can provide professional services, which can also be available at local banks. “Gift” is employed when the item is given to the buyer without any expectation of payment in return. The term “As-is” is used to indicate that the item being purchased is in its current condition without any warranties. If you are utilizing the form for the first time, it is important to familiarize yourself with the language and key terms used in the bill.
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